Search results
Results from the WOW.Com Content Network
Joseph N. Gagliano is an entrepreneur, former investment advisor, [1] and author of the book No Grey Areas. [2]At age 24, he organized and financed the multi-million dollar Arizona State University men's basketball point shaving scandal in 1993–1994, [3] which led to several prison sentences, including a 15-month sentence for Gagliano.
McNally v. United States, 483 U.S. 350 (1987), was a case in which the United States Supreme Court decided that the federal statute criminalizing mail fraud applied only to the schemes and artifices defrauding victims of money or property, as opposed to those defrauding citizens of their rights to good government.
On January 16, 2009, the United Kingdom Serious Fraud Office uncovered an £80 million buy-to-let property fraud scheme operating under a company called Practical Property Portfolio in which at least 1,750 investors were conned out of £25,000 each in return for a promise of a house in the North East of England. All five directors—John Potts ...
The scheme can take many forms, but the internet and new technology have made it easier for crooks to carry out, said David Fleck, a real estate fraud attorney in Los Angeles.
The defendants were among 70 people charged by the U.S. Attorney’s Office for the District of Minnesota in a massive fraud scheme involving the nonprofit Feeding Our Future. Eighteen have ...
Secrecy - The key to any long-term fraud scheme is secrecy on the part of those who participate. And Madoff demanded secrecy from his clients. He warned them that if they told anyone about ...
Honest services fraud is a crime defined in 18 U.S.C. § 1346 (the federal mail and wire fraud statute), added by the United States Congress in 1988, [1] which states "For the purposes of this chapter, the term scheme or artifice to defraud includes a scheme or artifice to deprive another of the intangible right of honest services."
It was a year ago today the world first became aware of Auction Rate Securities (ARS). That was when people who thought their money was in something safe, like a money market fund used to be ...